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Current Affairs 12 June 2026
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NATIONAL AFFAIRS
Union Health Minister J.P. Nadda Launches Nationwide Celebrations to Mark ‘10 Years of PMSMA – A Decade of Care”
In June 2026, Union Minister Jagat Prakash (J.P.) Nadda, Ministry of Health and Family Welfare (MoHFW), launched nationwide celebrations to commemorate decade of the successful implementation of the Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA) under the theme “10 Years of PMSMA – A Decade of Care”, during an event held in New Delhi, Delhi.
- Launched on June 9, 2016, by Prime Minister (PM) Narendra Modi, PMSMA provides free, comprehensive and quality antenatal care services to pregnant women on the 9th day of every month.
Highlights of the Event:
Key Launches: During the event, Union Minister Jagat Prakash (J.P.) Nadda, released a special Rs 75 Commemorative Coin and a Rs 5 Postal Stamp, recognizing PMSMA contribution towards strengthening maternal healthcare in the country.
Nationwide Outreach Campaigns: Awareness and outreach activities are being conducted across various states and Union Territories (UTs)to encourage pregnant women and their families to avail themselves of 09 assured free antenatal care services offered under PMSMA.
GoI approves 96 Companies under Textile PLI Scheme; Rs.12,822 Crore Investment Expected
In June 2026, Government of India (GoI), Ministry of Textiles (MoT) has approved 22 new applicants under Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles, with an expected investment of Rs. 2,339.14 crore, projected turnover of Rs. 15,561.34 crore, and creation of 36,217 jobs across the textile value chain.
- A total of 96 companies have been selected under Round-3 of the scheme, with a committed investment of Rs. 12,822.67 crore and a projected turnover of Rs. 58,294.18 crore.
Key Details of Approval:
Focus Areas: The approved applicants are spread across key segments of the PLI Scheme, including man-made fibre (MMF) apparel, MMF fabrics, and technical textiles, strengthening India’s position as a global hub for value-added textile manufacturing.
Impact: The proposed investments and production capacities are expected to boost the Indian textile sector by building a robust, globally competitive ecosystem in sunrise segments aligned with Aatmanirbhar Bharat.
Cabinet Approves Rs 2,533 crore Central Government Office Complexes in Amaravati, AP
On June 10 2026, the Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister (PM) Narendra Modi, approved the construction of the Central Government General Pool Office Accommodation (CGGPOA) and General Pool Residential Accommodation (GPRA) campus at Amaravati, the new capital city of Andhra Pradesh (AP), with combined estimated cost of Rs 2,533 crore.
- The CGGPOA will be developed at a cost of Rs 1,299 crore, while the GPRA will be developed at a cost around Rs 1,235 crore.
Key Details:
Key Purpose: Together, both these new facilities are designed to accommodate around 8,000 officials and staff members from various central government departments and agencies.
Implementation: Both these newly approved projects will be implemented by the Ministry of Housing & Urban Affairs (MoHUA) through the Central Public Works Department (CPWD).
Other Key Approvals: The Union Cabinet chaired by PM Narendra Modi has also approved Phase 2(A) of Ahmedabad Metro Rail Project, a 6.032 kilometer (km)-long corridor Koteshwar road to Ahmedabad Airport in Gujarat, to be developed with an estimated cost of Rs 2,169.04 crore, including Interest during Construction (IDC).
- A 7-point resolution was approved to congratulate PM Modi for becoming India’s longest-serving elected PM for two consecutive terms, as he completed 4,399 continuous days in the office.
GoI Extends CGSMFI-2.0 Validity till August 2026, Increases Loan Limits for NBFC-MFIs to Rs 1,000 Crore
In June 2026, the Government of India (GoI), through the Ministry of Finance (MoF) announced that it has extended the validity of the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) until 31 August 2026 or until guarantees worth Rs.20,000 crore are issued.
- The government also increased the maximum loan limit for Large-Sized Non-Banking Financial Company – Microfinance Institutions (NBFC-MFIs)/MFIs (Microfinance Institutions) from Rs.300 crore to Rs. 1,000 crore, subject to 20% of their Assets Under Management (AUM).
About the Extension of CGSMFI-2.0:
Fee: A guarantee fee of 0.50% per annum is charged on the sanctioned amount during the first year and on the outstanding amount thereafter.
Coverage: Guarantee cover on the amount in default is 80% for small, 75% for medium, and 70% for large NBFC-MFIs/MFIs.
Rates: Interest for Member Lending Institutions (MLIs) to NBFC-MFIs/MFIs is capped at External Benchmark Lending Rate (EBLR) or Marginal Cost of Funds based Lending Rate (MCLR) plus 2% per annum, while the on-lending rate to small borrowers is capped at 1% below the institution’s average lending rate of the preceding six months.
MoD Signs Rs 449 Crore Deal with ASSPL for Advanced ECGNSS Jammers for IN
In June 2026, the Ministry of Defence (MoD) signed a contract worth Rs 449 crore with Accord Software and Systems Private Limited (ASSPL) for the procurement of 20 Enhanced Capability Global Navigation Satellite System (ECGNSS) Jammers for the Indian Navy(IN).
- The contract was signed in the presence of Defence Secretary Rajesh Kumar Singh in New Delhi, Delhi under the Buy Indian–Indigenously Designed, Developed and Manufactured (IDDM) category With 75% indigenous.
Core Components of the Contract:
Capabilities: The ECGNSS Jammers can disrupt enemy Global Navigating Satellite System (GNSS) tracking through spoofing and deceptive jamming, enhancing the safety of Indian Navy ships.
Strategic Significance: ECGNSS Jammers will enhance the IN’s Electronic Warfare (EW) capabilities and protect ships from satellite-based tracking and targeting threats.
- It Reinforces Aatmanirbhar Bharat and Make in India through indigenous defence manufacturing.
About ASSPL: ASSPL is a technology company established in 1991, in Bengaluru, Karnataka, specializes in GNSS technologies and navigation solutions.
BSNL, IIT Kanpur Sign MoU to Advance Next-Generation Telecom Technologies
In June 2026, Bharat Sanchar Nigam Limited (BSNL) and the Indian Institute of Technology (IIT) Kanpur, Uttar Pradesh(UP), signed a Memorandum of Understanding (MoU) to collaborate on the development of future-generation telecom technologies.
Key Details of MoU:
Objective: The partnership aims to accelerate the development, testing, and deployment of indigenous telecommunications technologies, thereby strengthening India’s drive towards digital self-reliance.
Focus: The collaboration will focus on Direct-to-Mobile (D2M) broadcasting, indigenous 4G development, and advanced spectrum research to strengthen India’s telecom innovation and digital self-reliance.
Key Role: Under the arrangement, BSNL and IIT Kanpur will jointly undertake research projects and technology development initiatives aimed at creating advanced products and solutions for future telecom infrastructure.
BANKING & FINANCE
RBI Releases Amendment Directions easing Bank Lending Norms for REITs and InvITs
In June 2026, the Reserve Bank of India (RBI) issued the Third Amendment Directions, 2026, governing bank lending to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) while strengthening risk and exposure norms.
Lending Framework Norms
Eligible Entities: Under the revised norms, banks can lend only to REITs and InvITs that are registered with and regulated by Securities Exchange Board of India (SEBI) and listed on recognised Stock Exchanges (SE).
Operational Assets: For REITs, lending will be restricted to listed trusts where at least 80% of assets comprise cash-generating properties that have been operational for more than one year.
- Similarly, banks may lend only to listed InvITs with at least 80% of assets invested in completed and revenue-generating infrastructure projects with positive cash flows for one plus year.
Nuvama Wealth Management Gets SEBI Approval to Launch Mutual Fund Business
In June 2026, Nuvama Wealth Management Limited announced that it had received final approval from the Securities and Exchange Board of India (SEBI) to commence Mutual Fund(MF) operations through its asset management arm Nuvama Asset Management Limited (NAML).
About Nuvama MF:
Trustee: Nuvama Mutual Fund Trusteeship Services Limited will serve as the trustee company for the newly established MF.
Expansion: With this approval, Nuvama Wealth Management is set to expand its footprint in India’s financial services sector by entering the MF industry, enabling it to offer a wider range of investment products to both retail and institutional investors.
Business Strategy: The company will initially focus on launching investment products under the Specialised Investment Fund (SIF) framework, followed by a broader range of mutual fund schemes after obtaining the necessary regulatory approvals.
AWARDS & RECOGNITIONS
Sangeet Natak Akademi Elects 7 Eminent Artists as Fellows; Announces 108 Akademi Awards for 2024 and 2025
On June 10 2026, the General Council of Sangeet Natak Akademi, the National Academy of Music, Dance and Drama under the Ministry of Culture, unanimously elected 7 eminent personalities in the field of performing arts as of Sangeet Natak Akademi Fellowship (Akademi Ratna Sadasyata).
- In addition, the council has selected 108 artists from the field of Music, Dance, Theatre, Traditional/Folk/Tribal Music/Dance/ Theatre, Puppetry and Overall contribution/scholarship in the Performing Arts for the Sangeet Natak Akademi Awards (Akademi Puraskar) for the years 2024 and 2025.
Sangeet Akademi Awards for 2024 and 2025:
Other Awards: Further, the council has also selected 106 young artists under the age of 40 for Sangeet Natak Akademi, Ustad Bismillah Khan Yuva Puraskar for the years 2024 and 2025.
Award Ceremony: The Akademi Fellowships and Awards will be conferred by the President of India Droupadi Murmu in a special investiture ceremony.
- And, winners of the Sangeet Natak Akademi Ustad Bismillah Khan Yuva Puraskar for years 2024 and 2025 will be conferred by Dr. Sandhya Purecha, Chairman of Sangeet Natak Akademi in a special ceremony.
Indian-Origin Scientist Gautam Dey Bags EMBO Gold Medal 2026
In June 2026, Indian-origin scientist Gautam Dey, working at the European Molecular Biology Laboratory (EMBL), Heidelberg, Germany, has been awarded the European Molecular Biology Organization(EMBO) Gold Medal 2026 for his research on the evolutionary origins of nuclear organization and cell division.
- He shares the award with Omaya Dudin from the University of Geneva, Switzerland.
About EMBO Gold Medal 2026:
Overview: Considered among Europe’s most prestigious honours in life sciences, the EMBO Gold Medal is awarded annually by the EMBO to scientists in the early stages of their independent research careers.
Awarding Body: The award is given to researchers within the European Molecular Biology Conference (EMBC), an intergovernmental organisation comprising 32 member states, recognising excellence in cutting-edge life sciences research.
Award Components: Awardees receive a medal and a bursary of EUR 10,000.
ACQUISITIONS & MERGERS
CCI Approves Acquisition of 2.80% Additional Stake in Shriram Life Insurance by Sanlam Entity
In June 2026, the Competition Commission of India (CCI) approved Sanlam Emerging Markets (Mauritius) (SEMM) Limited’s (Investor) acquisition of a 2.80% of the expanded equity capital of Shriram Life Insurance Company Limited (SLIC) (Target) through a preferential issue worth about Rs.220.88 crore.
- CCI also approved the acquisition of a 29.06% shareholding in PUMA SE (target) by Ancat Holding GmbH (acquirer), an indirect wholly owned subsidiary of ANTA Sports Private Limited, through a secondary share purchase valued at approximately EUR 1.5 billion.
About the Acquisition:
Transaction: The deal involved the issuance of 1,90,41,203 equity shares (face value Rs.10 each), representing 2.80% of SLIC’s expanded equity capital, for Rs.220,87,79,548 (approximately Rs.220.88 crore).
Shareholding: SEMM held a 40.70% stake in Shriram Capital Private Limited (SCPL), which owns 46.98% of SLIC, giving it an indirect holding of 19.12%; following the acquisition, its total effective shareholding in SLIC increased to 68.37%.
ADIA arm to sell 2.3% stake in Lenskart for Rs. 1944 crore
In June 2026, Platinum Jasmine A 2018 Trust an investment vehicle backed by the Abu Dhabi Investment Authority (ADIA) announced plans to reduce its holding of 2.3% in Lenskart Solutions Limited through a block deal valued at approximately Rs 1,944 crore (USD 204 million).
Major Highlights of the Deal:
Role of IIFL Capital: Indian Infoline Limited (IIFL) Capital Services Limited has been appointed as the sole placement agent and will manage the execution of the stake sale.
Deal: The transaction has a floor price of Rs 486 per share, which is about 2.8% lower than Lenskart’s closing price of Rs 500.15 per share.
About ADIA: The ADIA, established in 1976, is the sovereign wealth fund of Abu Dhabi, United Arab Emirates (UAE), and is among the world’s largest institutional investors.
SCIENCE & TECHNOLOGY
NASA Announces Artemis III Crew with 3 USA & 1 Italian Astronaut to Test SpaceX & Blue Origin Moon Landers
In June 2026, National Aeronautics and Space Administration (NASA) announced the four-member Artemis III crew comprising United States of America (USA) astronauts Randy Bresnik (Commander), Andre Douglas, Frank Rubio, along with European Space Agency (ESA) astronaut Luca Parmitano of Italy, for a late-2027 Low-Earth Orbit (LEO) mission.
- The mission will test dockings between SpaceX’s Starship, Blue Origin’s Blue Moon lander, and NASA’s Orion capsule, launched by the Space Launch System (SLS), demonstrating operational readiness for future human lunar landings and planned lunar operations.
About Artemis III Mission:
Overview: Artemis III is a NASA mission that will conduct a two-week LEO mission without approaching the Moon to test docking mechanisms, interoperability, and operational capabilities required for future crewed lunar landings.
Crew: The crew includes veteran astronauts Randy Bresnik, a former test pilot and three-time spaceflier, Frank Rubio, who holds the USA record for a 371-day continuous stay aboard the International Space Station (ISS), first-time spaceflier Andre Douglas, and Luca Parmitano, a veteran of two space missions who will become the first ESA astronaut and the second non-USA astronaut to participate in an Artemis mission.
IMPORTANT DAYS
International Day of Play 2026 – June 11
In June 2026, the International Day of Play (IDOP) was observed globally on 11 June 2026 to highlight the importance of play in children’s growth, learning, well-being, and overall development.
- 2026 Theme: “Protect Play, Protect Childhood”
Background:
Origin: In March 2024, the United Nations General Assembly (UNGA) officially proclaimed 11 June as the IDOP through Resolution A/RES/78/286.
Endorsement: The resolution was spearheaded by a Core Group comprising Bulgaria, El Salvador, Jamaica, Kenya, Luxembourg, and Romania, and was supported by around 140 UN Member States.
First Observance: The IDOP was first observed on 11 June 2024.
Observance Facilitation: The United Nations Children’s Fund (UNICEF) and the United Nations Educational, Scientific and Cultural Organization (UNESCO) jointly facilitate the annual observance to raise awareness about the importance of play in child development and overall well-being.
World Day Against Child Labour 2026 – June 12
The United Nations (UN’s) World Day Against Child Labour (WDACL) is observed annually across the globe on June 12 to raise awareness about child labour and mobilize efforts for its elimination.
- 2026 Theme: “Red card to child labour: Fair play for children, decent work for adults”
Background:
Launch: The WDACL was launched by the International Labour Organization (ILO) in 2002.
Conventions: It supports the implementation of key ILO conventions, particularly ILO Convention No. 138 and ILO Convention No. 182.
- 2026 marks the 27th anniversary of the adoption of ILO Convention No. 182 (1999) on the Worst Forms of Child Labour.
First Observerance: The first WDACL was observed on June 12, 2002.
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Current Affairs Today (AffairsCloud Today)
| Current Affairs 12 June 2026 |
|---|
| Union Health Minister J.P. Nadda Launches Nationwide Celebrations to Mark ‘10 Years of PMSMA – A Decade of Care” |
| GoI approves 96 Companies under Textile PLI Scheme; Rs.12,822 Crore Investment Expected |
| Cabinet Approves Rs 2,533 crore Central Government Office Complexes in Amaravati, AP |
| GoI Extends CGSMFI-2.0 Validity till August 2026, Increases Loan Limits for NBFC-MFIs to Rs 1,000 Crore |
| MoD Signs Rs 449 Crore Deal with ASSPL for Advanced ECGNSS Jammers for IN |
| BSNL, IIT Kanpur Sign MoU to Advance Next-Generation Telecom Technologies |
| RBI Releases Amendment Directions easing Bank Lending Norms for REITs and InvITs |
| Nuvama Wealth Management Gets SEBI Approval to Launch Mutual Fund Business |
| Sangeet Natak Akademi Elects 7 Eminent Artists as Fellows; Announces 108 Akademi Awards for 2024 and 2025 |
| Indian-Origin Scientist Gautam Dey Bags EMBO Gold Medal 2026 |
| CCI Approves Acquisition of 2.80% Additional Stake in Shriram Life Insurance by Sanlam Entity |
| ADIA arm to sell 2.3% stake in Lenskart for Rs. 1944 crore |
| NASA Announces Artemis III Crew with 3 USA & 1 Italian Astronaut to Test SpaceX & Blue Origin Moon Landers |
| International Day of Play 2026 – June 11 |
| World Day Against Child Labour 2026 – June 12 |
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